ILR: Study Says Voluntary Disclosure Doesn’t Change FCPA Penalties

Legal Reform News Daily 9/2012

Debate over whether a company should disclose a potential bribery problem to the government has been a topic of discussion for years. It always revolved around one question: Does it help a firm avoid a stiffer penalty in the end?

To read more about it click the link below:

Wallstreet Journal: http://blogs.wsj.com/corruption-currents/2012/09/06/study-says-voluntary-disclosure-doesnt-change-fcpa-penalties/?KEYWORDS=%22foreign+corrupt+practices%22&utm_medium=Email&utm_source=ExactTarget&utm_campaign=&utm_content=

 

Veröffentlicht unter Allgemein | Verschlagwortet mit , , , , , , , , | Schreib einen Kommentar

Most Ridiculous Lawsuits: (Thumbs) Up and Away – The Wisconsin Crossbow Lawsuit

A Wisconsin man went hunting last fall hoping to take out Bambi’s mom but instead his thumb became the only casualty of the outing.  Let’s talk specific. In November, Cyril Korte found himself deer hunting with a TenPoint Phantom crossbow he purchased at a Cabela’s Retail Store in 2009.  Unfortunately for Mr. Kote, as he fired the crossbow, he stuck his thumb in the path of the bow string, which is a major no-no.   Weiterlesen

Veröffentlicht unter Allgemein | Verschlagwortet mit , , , , , | Schreib einen Kommentar

King County, Wash. v. IKB Deutsche Industriebank AG

On May 4, 2012, a United States District Court in New York, held that Credit rating agencies may have a duty under New York law to give accurate ratings to subprime-mortgage-backed securities targeted for sale to to a select group of buyers in private placements. Weiterlesen

Veröffentlicht unter Allgemein, Klage | Verschlagwortet mit , , , , , , , , | Schreib einen Kommentar

HOUGH AND HOUSTON: U.S. needs more jobs, not more lawsuits

Legal Reform News Daily 09/2012:

Politically, California and Texas are worlds apart. Despite their blue state, red state ideological differences, the residents within those states share the common goals of robust job creation and a vibrant economy. The stories of these two states, however, are remarkably different.

The Washington Times:

Read more: http://www.washingtontimes.com/news/2012/sep/14/us-needs-more-jobs-not-more-lawsuits/?utm_medium=Email&utm_source=ExactTarget&utm_campaign=&utm_content=

Veröffentlicht unter Allgemein | Verschlagwortet mit , , , , , , | Schreib einen Kommentar

Deal Points / US-M&A Newsletter

M&A Deal Structuring: Why Setoff Rights Matter +  Structuring Going Private Transactions with Controlling Stockholders: Rival Standards of Review. Hier der vollständige Newsletter „Mergers and Acquisitions Committee — Summer 2012 Issue of Deal Points“: Deal_Points_Volume_XVII_Issue_3_Summer_2012

NIETZER & HÄUSLER ist Mitglied dieses Committee der American Bar Association.

Veröffentlicht unter Allgemein | Verschlagwortet mit , | Schreib einen Kommentar

FCPA: The Dog Bite Defense and Your FCPA Compliance Program

As most readers of this blog know, I am a recovering trial lawyer. I almost always acted as defense counsel for corporations in my trial lawyer career. In the trial lawyer world, there are four recognized defenses to any claim which are affectionately known as the “Dog Bite Defenses”. They are:

  1. My dog didn’t bite you.
  2. Even if my dog did bite you, it’s because you provoked him.
  3. Even if my dog did bite you, you really aren’t injured.
  4. My dog didn’t bite you because I don’t have a dog. Weiterlesen
Veröffentlicht unter Allgemein, Compliance USA | Verschlagwortet mit , , , , , , , , , | Schreib einen Kommentar

Most Ridiculous Lawsuits: Parent of student sues Texas School for the Deaf over frequent flier rewards

A woman has sued the Texas School for the Deaf, contesting its policy of keeping airline travel perks earned when students, including her daughter, fly.

The state-supported boarding school serves deaf students from across Texas and pays for airline tickets for those who live far away to fly home each weekend. School officials say they have the right to pool bonus points earned to offset some travel expenses, such as paying for chaperones to fly with students. Weiterlesen

Veröffentlicht unter Klage | Verschlagwortet mit , , , , , , | Schreib einen Kommentar

FCPA: Doomsayers Proven Wrong Yet Again-Gifts and Entertainment Under the Bribery Act

‘We are not interested in that sort of case. We are interested in hearing that a large company has mysteriously come second in bidding for a big contract. The sort of bribery we would be investigating would not be tickets to Wimbledon or bottles of champagne. We are not the “serious champagne office”.’ Weiterlesen

Veröffentlicht unter Allgemein, Compliance USA | Verschlagwortet mit , , , , , , , , , , | Schreib einen Kommentar

No-Challenge Clauses Do Not Bar Later Challenges to Patent Validity

National Law Review 9/2012, betreffend der sich in vielen US (und internationalen) Patentlizenzverträgen findende Passus, wonach sich der Lizenznehmer verpflichtet, das ihm nur Nutzuung eingeräumte Patent nicht als z.B. unwirksam anzugreifen. Eine derartige Nichtangriffsklausel hat ein US Gericht als unwirksam eingestuft. Dies ist eine Entscheidung im Vertragsrecht von Bedeutung für auch zwischen deutschen und US-Firmen geschlossene  Lizenzverträge.

Addressing contracts law in the context of patent licensing, the U.S. Court of Appeals for the Second Circuit held that a provision of a patent license purporting to bar future challenges to the validity of the licensed patent is unenforceable. Rates Tech. Inc. v. Speakeasy Inc. et al., Weiterlesen

Veröffentlicht unter Allgemein | Verschlagwortet mit , , , , , , | Schreib einen Kommentar

ProSoft Krippner GmbH

Ex-HP Managers Charged in Germany with Bribery – Will Failure to Self-Disclose Hurt?

As reported by Karin Matussek of Bloomberg News yesterday three former Hewlett-Packard (HP) managers were charged in Germany in a corruption investigation over improper payments made to win a €35 million ($45 million) sale of computers to Russia about nine years ago. Weiterlesen

Veröffentlicht unter Allgemein | Verschlagwortet mit , , , , , , , , , , | Schreib einen Kommentar